I'm curious if you could transfer for $1 from personal to LLC, then the transfer taxes are so low.

The previous owner had delinquencies, vacancies, as well as deferred maintenance and very below market rents.

However, if you're investing in low income neighborhoods they are by far the best tenants you can get because most all of them are by and large animals, but these animals stay longer and come with guaranteed rent.

However, we do our best to run each and every maintenance request by the owner first to let them know what is taking place and give them the option to handle it themselves. 

Being the nearest city to California, the area is easy to manage, has low property taxes, and is favorable to landlords.

At that time, my net worth was pretty low, and as an engineer my income wasn't substantial either so did not make more than 200k/year.

I don’t have enough for a down payment but i do have quite a bit of equity in my home. looking for some insight on how i can get a low down payment or should i use my equity, plus funds to fix property. 

These skills such as responsible budgeting, effective tenant management and property maintenance showcase your ability to handle larger and more complex properties which can strengthen your application for a commercial loan in the future.It's important to do your own research and understand the different loan options and their terms before you make a decision. 

You get their low, low interest rate, 3%, 4%.

In the meantime low cash outlay for them.